Saw a couple of reports today including this one in the NY Times that the Bain, 3Com, Huawei deal is dead again.  Of course we have heard this before, only to see the parties try to figure something else out.  But this time it sounds like Bain is done wasting cycles on this deal and going to move on.  3Com's stock took a dive on the news. 

I personally think that if they were going to divest the Tipping Point stuff, what was the big deal with this one. Instead now 3Com has a much narrower potential universe of partners/acquirers to deal with.  It materially decreases the worth of their company and their ability to compete.  Looks like Cisco is the winner here.  I wonder what there position on this was?

Update: Now comes a report that 3Com is demanding a 66 million dollar "break up" fee from Bain for withdrawing from the deal for no good reason.  I don't know but the government not letting the deal go through seems like a good reason to me.  However, deals like this often have a break up fee clause.  Guess we will have to see how this one turns out.